Stock Market Today: Experts predict that the 24400–24350 range will serve as an instant support for the Nifty-50 Index.

Stock Market Today: Amid concerns about Trump tariffs, the benchmark Nifty-50 index ended the week of August 1, 2025, more than 1% lower at 24,565.35. While FMCG and Industrials were among the major outperformers, Realty and Pharma were among the major underperformers, and the Bank Nifty, at 55,617.60, also ended more than 1% lower. During the week, there was also a lot of pressure on mid and small caps.
Monday’s Trade Setup
The 24400–24350 range is anticipated to serve as an instant support for the Nifty-50 Index. A persistent decline below this could hasten the decline even more. However, according to Sudeep Shah, Vice-President & Head of Technical and Derivatives Research at SBI Securities, the 50-day EMA zone of 24900–24950 currently represents a significant obstacle.
According to Shah, the 55200–55100 range will serve as a crucial support for the Bank Nifty in the future.
Today’s world markets and Q1 findings
In light of important central bank decisions, corporate earnings reports, and trade-related events, volatility is predicted to stay high over the next week.
Religare Broking Ltd. SVP, Research, Ajit Mishra, advises traders to approach sectors vulnerable to global volatility cautiously, focusing on disciplined risk management and prudent position sizing due to technical weakness.
Stocks to buy today
Market experts Sumeet Bagadia, Executive Director at Choice Broking; Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi; and Shiju Koothupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, suggested the following eight intraday stocks for today: Trent Ltd., Biocon Ltd., Marico Ltd., Central Depository Services (India) Ltd., TVS Motor Company Ltd., Genus Power Infrastructures Ltd., Waaree Energies Ltd.
Sumeet Bagadia’s stock picks
- CCL Products (India) Ltd-Bagadia recommends buying CCL at around ₹894. 1. Keep stop loss at ₹862 for a target price of ₹957.
CCL is trading at ₹894.10, showing a bullish trend and nearing a breakout from an ascending triangle pattern. A close above ₹915 could confirm the breakout.
2 . Trent Ltd-Bagadia recommends buying TRENT at around ₹5180, keeping Stoploss at ₹5000 for a target price of ₹5550.
TRENT, trading at ₹5,180, has rebounded from a key support level, forming a bullish candlestick and breaking out of a consolidation phase, indicating potential trend reversal and growing buying interest.
Ganesh Dongre’s stocks to buy today
3. Biocon Ltd.-Dongre recommends buying Biocon at around ₹383, keeping Stoploss at ₹370 for a target price of ₹405.
The stock is trading at ₹ 383, with a strong bullish pattern and strong support at ₹ 370. Recent price action suggests a reversal from this level, reinforcing bullish sentiment.
4. Marico Ltd.-Dongre recommends buying MARICO at around ₹711, keeping stop-loss at ₹700 for a target price of ₹725
The stock has shown a robust, noteworthy, and ongoing bullish trend, providing short-term traders with yet another encouraging opportunity. With a current price of ₹711, the stock is holding steady at ₹700. A price retracement towards the ₹ 725 level is possible, according to the technical setup. Entering at the current market price with a stop-loss at ₹ 700 offers a sensible strategy to profit from the expected upside as the stock is reversing from a support base and exhibiting signs of renewed strength.
5. Central Depository Services (India) Ltd (CDSL)—Dongre recommends buying CDSL at around ₹1478, keeping stop loss at ₹1450 for a target price of ₹1540
The stock has shown a robust, noteworthy, and ongoing bullish trend, providing short-term traders with yet another encouraging opportunity. With a current price of ₹1478, the stock is holding steady at ₹1450. A price retracement towards the ₹ 1540 level is possible, according to the technical setup. Entering at the current market price with a stop-loss at ₹ 1450 offers a sensible strategy to profit from the expected upside as the stock is reversing from a support base and exhibiting signs of renewed strength.
Shiju Koothupalakkal intraday stocks for today
6. TVS Motor Company Ltd-Koothupalakkal recommends buying TVS MOTOR at around ₹2858 for a target price of ₹2970, keeping stop loss at around ₹2500.
The stock has improved the bias and is expected to rise further in the upcoming sessions after showing a respectable pickup from the significant 50EMA at the ₹2800 level. In order to signal a buy with respectable upside potential that will continue the upward trend, the RSI is currently in a good position and has shown a positive trend reversal. Technically, the chart appears appealing, so we advise purchasing the stock.
7. Genus Power Infrastructures Ltd-Koothupalakkal recommends buying GENUS POWER INFRA at around ₹363.85 for a target price of ₹382, keeping the stop loss at around ₹355
We anticipate a further upward move in the upcoming sessions after the stock saw a notable pullback from the crucial 200-period MA at the ₹350 level with a positive candle formation to strengthen the bias. We advise purchasing the stock because the RSI is currently in a good position and has shown a buy signal with respectable volume participation to expect a further rise. The chart also looks technically sound.
8. Waaree Energies Ltd-Koothupalakkal recommends buying WAAREE ENERGIES at around ₹3104, keeping a target price of ₹3250. keeping Stop loss at ₹3045
With a bullish candle formation on the daily chart to strengthen the bias, the stock has taken support close to the crucial 50EMA zone at the ₹2995 level and has increased dramatically. We can anticipate more gains in the upcoming sessions. The RSI is in a good position and has a lot of upside potential to continue the upward trend in the future. Given the technical appearance of the chart, we advise purchasing the stock with a stop loss at ₹3045 and an upside target of ₹3250.
Disclaimer: The opinions and suggestions expressed above are not those of Times of Dalal Street, but rather those of specific analysts or brokerage firms. Before making any investment decisions, we encourage investors to consult with qualified professionals.
[…] stock market: The benchmark Nifty 50 index ended Tuesday’s trading session 0.4% lower at 24,487.40, reflecting ongoing uncertainty […]